Excess utility over price derived by the consumers because of negative sloping demand curve ?

Related Mcqs:

To charge different prices for the goods of the same standard is called___________________?

A. Prices discrimination B. Prices differentiation C. Oligopoly D. Prices elasticity...

A schedule showing the amounts households plan to spend for consumer goods at different levels of disposable income is called________________?

A. Income schedule B. Saving schedule C. Consumption schedule D. None...

“structural transformation of primary subsistence economy for economic development” war proposed by ?

A. Arthur Lewis B. Keyne’s C. Carl Marx D. Rostow...

An industry in which economics profits are negative and which will, therefore, decrease its output as firms leave it ?

A. Increasing cost industry B. Decreasing cost industry C. Declining industry D. None of these...

Any financial institution that serves to channel loan able funds savers to borrowers?

A. Financial intermediary B. IMF C. Both D. None...